Stewart Michelle Renee 4

What Happened

• Michelle Renee Stewart, Controller & Chief Accounting Officer of Eastman Chemical Company (EMN), was granted two equity awards on February 24, 2026: 11,075 derivative awards (options) and 1,524 restricted stock units (RSUs). Both grants are reported with an acquisition price of $0 (no cash paid at grant). The Form 4 reports these as awards/grants (transaction code A).

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears timely).
• Grants reported: 11,075 options (derivative) and 1,524 RSUs (derivative); acquisition price shown as $0 (grant).
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnotes:
  • F1: The 11,075 options vest in three equal installments (one‑third each) on Feb 24, 2027; Feb 24, 2028; and Feb 24, 2029.
  • F2: Each RSU represents a contingent right to one share of common stock.
  • F3: The 1,524 RSUs vest and will be paid out in unrestricted shares on the third anniversary of the grant (Feb 24, 2029), subject to continued employment.

Context

• These are standard equity compensation awards, not open‑market purchases or sales. The reported acquisition price of $0 means Stewart received the awards as part of compensation; the Form 4 does not state the accounting fair value. Such grants are routine for executives and do not by themselves indicate buying or selling sentiment.